Ashirwad Steels and Industries Ltd Q4 FY2023 net profit at Rs. 54.54 lakhs

ASHIRWAD STEELS & INDUSTRIES LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 0.9377 crores during the period ended March 31, 2023 as compared to Rs. 1.0244 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.5454 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.1954 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 0.44 for the period ended March 31, 2023 as compared to Rs. 0.16 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹0.9377 crs	₹1.0244 crs	-8.46%
Net Profit	₹0.5454 crs	₹0.1954 crs	179.12%
EPS	₹0.44	₹0.16	175.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.0.9377 crores during the period ended March 31, 2023 as compared to Rs.1.2191 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.5454 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.4.6084 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.0.44 for the period ended March 31, 2023 as compared to Rs.3.69 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹0.9377 crs	₹1.2191 crs	-23.08%
Net Profit	₹0.5454 crs	₹4.6084 crs	-88.17%
EPS	₹0.44	₹3.69	-88.08%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.4.4432 crores during the Financial Year ended March 31, 2023 as compared to Rs.4.1251 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.16.7658 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.4.6180 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.13.41 for the Financial Year ended March 31, 2023 as compared to Rs.3.69 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹4.4432 crs	₹4.1251 crs	7.71%
Net Profit	₹16.7658 crs	₹4.6180 crs	263.05%
EPS	₹13.41	₹3.69	263.41%

Shares of ASHIRWAD STEELS & INDUSTRIES LTD. was last trading in BSE at Rs. 21.60 as compared to the previous close of Rs. 21.43. The total number of shares traded during the day was 2182 in over 55 trades.

The stock hit an intraday high of Rs. 21.98 and intraday low of 20.25. The net turnover during the day was Rs. 46508.00.

Source : Equity Bulls

Keywords

AshirwadSteelsandIndustries Q4FY23 FY2023 ResultUpdate